Whalesbook
Dividend Payouts on the Horizon
Dalal Street investors looking to bolster their portfolios with passive income can focus on a dozen companies announcing dividend payouts. Shares of these firms, including industrial giants Larsen & Toubro and L&T Technology Services, along with consumer electricals firm Havells India and wine producer Sula Vineyards, will trade ex-dividend starting Friday, May 22, 2026.
Key Players and Payouts
L&T Technology Services leads the pack with a final dividend declaration of ₹40 per share. Larsen & Toubro follows closely, announcing a final dividend of ₹38 per share. Both companies have set May 22, 2026, as their respective record dates. Investors must hold shares on or before this date to be eligible for the dividends.
Other Notable Companies
Several other companies are also rewarding shareholders. Maithan Alloys has declared an interim dividend of ₹11 per share, and Vinyl Chemicals (India) will distribute a final dividend of ₹7 per share. Havells India's final dividend stands at ₹6 per share, with a record date of May 24, 2026. Jindal Saw and Sula Vineyards will both trade ex-dividend on May 22, each offering a final dividend of ₹2 per share.
Additional Dividend Announcements
Further down the list, L&T Finance offers a final dividend of ₹2.75 per share. Jupiter Life Line Hospitals and Workmates Core2Cloud Solution have announced interim dividends of ₹1 and ₹2 per share, respectively. Himadri Speciality Chemical is set to pay a final dividend of ₹0.80 per share, while Trident declared an interim dividend of ₹0.50 per share, with its record date on May 23, 2026.